Answer:
Name: Teacher: ACTIVITY #3 Estimate your start-up costs using Worksheet 1 below: Before your business can earn money, you will need to invest money in start-up costs. These costs are paid just one time and do not include your normal monthly expenses. This worksheet will help you estimate your start-up costs. List the costs of items you have already purchased in the "purchased" column and those you still need in the "needed" column. Year and Section:_ Score: One Time Requirements Items Already Purchased: Before Start-Up Legal, Accounting & Professional Services Advertising & Promotions Deposits for Utilities Licenses & Permits Prepaid Insurance Salary & Wages Payroll Taxes Truck & Vehicle Travel Tools & Supplies Furniture & Fixtures Machines & Equipment Building Improvements Land & Buildings Starting Inventory Cash (Working Capital) Other (specify) TOTAL: TOTAL ESTIMATED START-UP COSTS (add both columns together). Items Still Needed Before Start-Up: